Rockstar Capital Acquires Ascend At Lakeview Multifamily In $50.4M Loan

The transaction at 18313 Fm 1093 Rd in Ascend at Lakeview involved the acquisition of a multifamily property with 298 units. The loan amount for this transaction was $50,400,000. The loan terms were set at 3 years with a full term interest-only and non-recourse.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $50,400,000
• Address: 18313 Fm 1093 Rd
• Market: Ascend at Lakeview
• Units: 298

The landlord for this property is Robert Martinez from Rockstar Capital. The brokers involved in the transaction were Hannah Howard and Jonathan Zilber from Meridian Capital Group.

Note from brokers: Class A